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of debate. >> reporter: but washington isn't a source of optimism these days. >> if they make a deal it certainly won't be a good one, they'll say this is something we've got to get done and i don't think it's going to be using any brain power to do it. >> reporr: aeadyhere is growing talk in washington of a so-called mini-deal. >> let's hope they do. the president was serious. he was friendly in the statement he made-- >> he's going on vacation. he's going to hawaii. >> susan: yeah, but there's an urgency here, and do you think we are going to be any closer to getting a deal done? >> the president really scaled back his ambitio for the immediate time. he said, look, guys, nancy pelosi, come back, try to do the minimum, try to do the least amount of harm. and then come up with some way to say that we'll address bigger issues in the new year. >> he proposed tonight a smaller package, a smaller deal. what will this mean for the economy? what will it mean for the deficit if this small deal, mini deal is passed? >> well, that could be a big problem because basically he's left out a lot
>> "inside washington" is brought you in part by the american federation of government employees, proud to make america work. for more information about afge and membership, visit afge.org. >> production assistance for "inside washington" was provided by allbritton communications and politico, reporting on the legislative, executive, and political arena. >> here we are at the 11th hour, and the president still is in serious about dealing with this .ssue right here i it is this issue, spending. >> this week on "inside washington," more fiscal cliff notes. susan rice takes her name off the board. >> i did not want to see a confmation process that w ry prolonged, very politicized, very distracting, very destructive. >> what do you think will happen to assad? >> killed. >> michigan, the home of the united auto workers, now a right to work state. >> and they have been guarding the governor's office all day. >> the supreme court will tackle a marria -- gay marriage. >> it is about time. captioned by the national captioning institute --www.ncicap.org-- >> if we make it through december,
in washington this weekend. >> port: thpresident declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have
, the nasdaq lost eight, and the s&p was off 3 points. so while wall street worked half a day, washington was on vacation. lawmakers are increasingly pessimistic about a big agreement-- or any agreement-- being reached before the year ends. darren gersh has the latest. >> reporter: 'twas the night before christmas, and all through the house, nothing much was going on. it was the same story in the senate. washington's cliff talks still remain deadlocked. congress will return on thursday, and it's still possible a few days of holiday cheer and constituent outrage may push republicans and democrats to craft a last-minute agreement to avoid the worst of the fiscal cliff. if we do go over the cliff, the i.r.s. has warned most taxpayers may not be able to file their returns until late march. that would mean long delays for many tax refunds. and economists warn the economic effects will be felt quickly if $600 billion in automatic tax increases and spending cuts begin to take effect next year. at this rate, it looks like lawmakers will celebrate new year's eve at work-- if not resolving the fisc
's the chief market analyst at john thomas financial. president obama is due back in washington tomorrow, cutting short his hawaiian holiday vacation. he will be meeting with congressional leaders for one last push to prevent the economy from falling over the fiscal cliff next week. no specific bill is on the schedule in the senate or the house, and house republicans haven't yet called their members back to washington. and hopes for a deal by the december 31 deadline are fading. darren gersh reports. >> reporter: the odds of avoiding the fiscal cliff did not get any better over the holiday. staff discussions continue, but there were few signs much, if anything has been accomplished. the house isn't even scheduled to return to washington yet, leaving it up to the senate to act. >> this is a senate that is incredibly divided, hopelessly partisan, requires 60 votes to do anything and somehow, we are going to be relying on them to in five days, come up with a compromise which is acceptable where a compromise wasn't acceptable in four years. >> reporter: it now looks like some kind of fall ov
. and by contributions to your pbs station from viewers like you. thank you. >> warner: washington's clock ticked another day closer today to automatic tax hikes and spending cuts, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehr said republicans
for the president's second term with david ignatius of the "washington post" and journalist and author james mann. >> woodruff: then, we turn back to the tragedy in newtown, connecticut, as more victims are laid to rest one week after the shootings. >> brown: speaking out for the first time since the massacre, the nra's wayne lapierre rejects calls for new limits on guns. >> i asked congress today to act immediately to appropriate whatever is necessary to put armed police officers invery single school in this nation. >> woodruff: and ray suarez talks to mark glaze, director of the pro-gun control advocacy group mayors against illegal guns. >> brown: plus, we hear from high school students from across the country, and gwen ifill talks with secretary of education arne duncan. >> schools have been forever the safe haven, often safest places in the community. and we need to continue to do everything in our power to make sure that they are. >> woodruff: kwame holman dates washington's spending and tax stalemate after house republicans decide not to follow the leader. >> brown: and mark shields and mic
>> welcome to the program. we're in washington for a conversation with al hunt and julianna goldman of blockberg news about the events this week, 9 fiscal cliff, questions about gun control, and others. >> was talking toome negotiating experts this week as i was work on a story about the relationship between the speaker and the president. and they say that in effective negotiation the person with the leverage needs to let the other party save face. and in this situation the president does hold the cards. he has the leverage and by giving the concessions on medicare, on medicaid, on social security, he would have taken a lot of heat from progressives who were already starting to hear that this week. and they that would have been through the saving face that could have helped john bayne never this. >> we continue with george stens founder of the kennedy center honors program and the american film institute. >> president kennedy said i look forward to an america that will not be afraid of grace and bite. i look forward to an american that will honor achievement in the arts, the way we
, washington hasn't made much progress to avoid it. that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics
will vote on the republican plan b tomorrow. veterans of washington's budget battles wouldn't be surpriseto see a plan c or d before a final resolution is hammered out. darren gersh, "n.b.r.," washington. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his business. >> we don't do that. as the consumer, i products to costumers like the big three, that in turn sell to the auto industry. my biggest concern is how it will affect the psychology of the consumer. i've been surprised, susie, that people continue to buy automobiles. but my fear is that could change dramatically. >> susie: steve, to what extent are the ups and downs impacting your business day to day. >> i think people are holding back on making
higher, despite the nasty tone of the fiscal cliff negotiations in washington. after trading near breakeven for most of the day, the dow moved up in the last hour of trading to close up nearly 60 points. the nasdaq added six, the s&p up almost eight points. >> susie: on capitol hill tonight, lawmakers in the house of representatives are getting ready to vote on a fiscal cliff bill. house speaker john boehner calls it "plan b" and it is expected to be a close vote. the bill proposes to extend tax breaks for everyone making less than $1 million. the move comes as talks to avert the fiscal cliff hit an impasse. darren gersh reports. >> reporter: as washington looks over the edge of the fiscal cliff, democrats and republicans were throwing elbows and getting personal. speaker boehner explained why he pushed the house to vote on a republican plan "b" tonight. >> i did my part, theydid thing. and frankly, i'm convinced that the president is unwilling to stand up to his own party on the big issues that face our country. time is running short. the house will act today, and then it will be
has the latest on washington's impasse on taxes and spending. >> ifill: then we examine nato's decision to send patriot anti- missile systems to turkey, as fears grow that syrian chemical weapons could cross the border. >> woodruff: jeffrey brown talks to mcclatchy newspapers' egypt correspondent nancy youssef about the massive antigovernment protests in cairo today. >> ifill: we continue our series of conversations about the fiscal cliff. tonight we hear from economist paul krugman. >> i don't think there's going to be much of a deal. i think there's going to be a kind of... there will be an outcome. >> woodruff: from haiti, fred de sam lazaro reports on the efforts to stem a deadly cholera epidemic that began after the 2010 earthquake. >> ifill: and ray suarez talks to author and journalist tom ricks about what he describes as the decline of american military leadership. >> today nobody gets credit for anything and mediocrity is accepted as a core value in the performance of generals. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has b
wahoo >> the house will stand in recess subject to the chair. >> this week on "in some washington" john boehner plus plan collapses and the house goes home for christmas. >> it is hard to wrap your mind around it but someone so young in such a peaceful community over such an ardent a bent pin down another massacre and another called for gun-control. >> the fact that this problem is complex can no longer be an excuse for doing nothing. >> handle after the state department report on benghazi, but are they the right ones? >> the security posture of the compound was inadequate for the threat environment, and in fact, grossly inadequate to deal with the attack which took place that night. >> will former republican senator chuck kagel and make it to the pentagon? >> the house did not take up the tax measure today because it did on have suffient support from our members to pass. house speaker john boehner's statement thursday evening as he stood in print of the republican conference, he recited the serenity prayer. god, grant me theereny to acpt the tngs which i cannot change and close t
>> "inside washington" is brought to you in part by the american federation of government employees -- proud to make america work. for more informationbout afge and membership, visit afge.org. >> production assistance was provided by all but in communications and politico, reporting on the political and legislative arena. >> this week on "inside washington," the thrill of victory. >> barack obama has been reelected. >> the agony of defeat. >> this election is over, but our principles in north. >> the year 2012 in review. >> the supreme court has upheld the requirement that every american by health insurance. >> the year of the cliffhanger. >> raising tax rates is unacceptable. >> natural disasters. >> like the apocalypse. >> and human tragedies. >> saying someone is shooting in the auditorium. >> political fumbles. >> 5 seconds before you interrupted me. >> and shoppers. >> the seriousness of having a cia director involved in an extramarital affair cannot be overplayed. >> all right, as we look back, let's begin with the top political story of the year -- the freight -- the reelecti
to resume talks after a day of finger-pointing and complaining in washington. on wall street, fiscal fears created whiplash for investors: a big stock market sell-off and then bounce back on word that lawmakers are springing back into action. and, if you used your smartphone to shop this christmas, you're in fashion. it was the year's top retail trend. we have that and more tonight on "n.b.r."! a dramatic cliff-hanger today between washington and wall street about the fiscal cliff. stocks initially sold off after senate majority leader harry reid predicted the economy would go over the cliff. speaking from the senate floor he said there's not enough time between now and the end of the year to reach a deal. but stocks erased their losses ithe final hour of trading on news that the house of representatives will reconvene on sunday night to resume talks. by the closing bell, the dow was down only 18 points, bouncing back from a triple digit loss, the nasdaq lost four, and the s&p slipped almost two points. so what happens next? and can lawmakers prevent an economic crisis by agreeing on a fis
there for long. darren gersh, nbr, washington. >> susie: the fiscal cliff was certainly one topic on the agenda of the federal reserve today as policymakers kicked off their two-day meeting. tomorrow, the world will be waiting to see whether the central bank will do more to prop up the u.s. economy. the big question is whether the fed will stick with its so- called "operation twist" bond- buying program, or will it announce something new? erika miller takes a closer look at what's expected. >> reporter: the fed may announce a new twist in its bond buying plans, but that doesn't necessarily mean the stock market will shout. at it's final meeting of the year, the central bank is not expected to simply tend its operati twist program. that's the nickname for the fed's strategy of buying long- term treasuries and, at the same time, selling an equal amount of shorter-dated bonds. that's important because it keeps the bank's balance sheet the same size. now, the fed may be ready to do a new stimulus dance. >> under twist, they've been purchasing $45 billion longer term treasuries while at the same tim
foundation-- a conservative washington think tank. in a statement, demint said, a tea party favorite, demint had blasted the house republicans' proposal to raise rev earlier in the week. south carolina's other senator lindsey graham lamented the loss of his colleague and friend. >> he really did strongly and passionately advocate for his position and did it very effectively, jim made the republican party quite frankly look inward and do some self evaluation, conservatism is an asset not a liability. >> woodruff: the other side of capitol hill was largely quiet today, with the house not in session, and most members gone home for the weekend's recess. >> brown: still to come on the "newshour": egypt's political turmoil; trims to social programs to solve the fiscal crisis; sea level rise in a virginia city; diplomatic movement on syria and a path to high school graduation. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: the death toll from a typhoon in the southern philippines climbed to more than 370 today. nearly 400 others are still missing since the storm hit
. and we debate the benefits of extending unemployment insurance amid washington's fiscal uncertainty. >> woodruff: then we turn to the supreme court which agreed today to take up the issue of gay marriage. margaret warner looks at what's at stake with marcia coyle of "the national law journal." >> brown: hari sreenivasan reports on the threat to the shellfish industry from coast to coast, as ocean temperatures rise and the waters are more acidic. >> this is a very dramatic change that has not been seen in the worlds oceans for more than 50 million years. >> woodruff: mark shields and david brooks analyze the week's news. >> brown: and gwen ifill sits down with michael beschloss, whose recent foray into the twitter-verse has opened up a new way to view history in the digital age. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from vi
in washington the debate is returning to the always thorny issue of gun control. members of congress are starting to be heard on gun law, heeding the president's call to act to prevent another atrocity. as he had on friday, the president pressed for change last night regardless he said of the politics. >> in the coming weeks i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. >> suarez: today at the capitol, there were early signs of a possible break in the long dead lock on gun control. on ms-nbc west virginia senator joe said newtown has changed the conversation. >> i ask all my friends in the n.r.a. -- and i'm a proud n.r.a. member and always have been -- that we need to sit down and move this dialogue a sensible, reasonable approach to fixing it. it's part of it, not all of it. everything has to be on the table and i think it will be >> suaz: this afternn the senate opened with a moment of silence for the newtown victims. then
modra in washington that has us heading for a cliff. a fiscal cliff. but are we? or is this, another myth in the making? for some insight, we turn to two seasoned observers both of whose books you'll want to as santa to leave in your stocking. bruce bartlett was an economic adviser to the supply-side icon jack kemp, and to two presidents -- ronald reagan and the first george bush. he got into hot water with his conservative cohorts when he wrote a widely quoted book critical of the second president bush. his most recent work is "the benefit and the burden: tax reform-why we need it and what it will take." yves smith is the founder and editor of the popular blog naked capitalism. after 25 years in the financial services industry, she now heads the management consulting firm aurora advisors. she's the author of this book: "econned: how unenlightened self interest undermined democracy and corrupted capitalism." welcome to you both. >> thank you. >> thank you. >> is the fiscal cliff just a metaphor? or is it for real? >> well, the cliff is an inappropriate metaphor. and it doeconjure up
falling as concern mounts that washington will fail to get a budget deal. the dow jones industrial average lost 158 points today, to close at 12,938. the nasdaq fell 25 points to close at 2,960. for the week, both the dow and the nasdaq fell 2%. sectarian tensions flared across iraq today as tens of thousands of sunnis staged mass protests against the shi-ite-led government. there were rallies in fallujah and ramadi, where protests already had erupted earlier this week. today, mosul, tikrit and samarra had demonstrations as well. protesters took to the streets waving flags and signs. they chanted slogans demanding fair treatment from the baghdad regime, and the release of sunni prisoners. shi-ite prime minister nouri al-maliki said the demonstrations were not acceptable. the government of china imposed tighter controls on internet usage today. now, china's 50million web users will he to provideheir real names when they register for internet service. and providers must delete any web content deemed illegal, and report it to authorities. leading writers and bloggers insisted it's a new way
vacation to head back to washington, while harry reid says the country is headed toward the fiscal cliff. good evening, i'm jeffrey brown. >> warner: and i'm margaret warner. on the "newshour" tonight, we have the latest on efforts to avert the looming deadline from todd zwillich of public radio international. >> brown: then, geo-politics and children: russia moves to end adoptions by american parents. >> warner: what austerity measures look like at street level: we have a report from athens. >> by the end of 2013 greece would have a worse depression than the great depression in the u.s. >> brown: a player in campaign politics, but what of the current debt debate? we talk with tea party ally, matt kibbe. >> warner: and as e.p.a. chief lisa jackson steps down, we assess the track record of the administration's environmental agency. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technolog
of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the kitchen table with a middle class family in virginia, the president once again pressed for congress to avoid the fiscal cliff. >> if this family has a couple of thousand dollars less to spend, that translates into $200 billion of less consumer spending next year. and that's bad for businesses, large and small. >> reporter: behind the scenes, the two sides are talking again. but there was no progress in public. senators today fought over the debt limit, and ended up deadlocked over a bill to allow the president to automatically increase borrowing. >> he's shown what he is really after is unprecedented powers to spend taxpayer dollars without any limit at all. >> reporter: if the debt limit isn't raised, the country can't pay f
'll be available for talks, adding ohio has both cell phone service and airports. darren gersh, nbr, washington >> susie: that stalemate over the fiscal cliff weighed on the markets today, despite some encouraging reporton the economy. investors shrugged off news that initial jobless claims fell more than expected during the latest week, retail sales bounced back in november, and wholesale prices declined last month. by the close, the dow tumbled 75 points, the nasdaq fell 22 and the s&p was off nine points. despite that pessimism, many investment managers and analysts are feeling optimistic about 2013. a new investor survey says the u.s. stock market will be the best performing stock market in the world. for details, john rogers joins us. he's c.e.o. of the cfa institute that conducted the survey. so john, the u.s. stock market ranked as the best performer. if we look at the charge of coming in in second place, china and brazil. why the vote of confidence considering all these concerns about the fiscal cliff? >> you're right, susie. it's interesting. it's a happy holiday season for investors.
of mourning played out once again today in newtown, connecticut. while in washington, president obama walked into the white house briefing room named for james brady-- the press secretary critically wounded in the shooting of president reagan in 1981-- to talk abt g violence. >> the fact fact that this pros complex can no longer be an excuse for doing nothing. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of space between what the 2nd amendment means and having no rules at all. >> reporter: to that end, the president announced vice president biden and an administration team will craft recommendations on everything from gun laws to mental health, to be sent to congress by
: but the only real certainty appeared to be that lawmakers will be back in washington right after christmas if there's to be any deal before the new year's deadline. and to two reporters who've been closely watching this story. todd zwilch covers congress or pubc radio international's "thtakeawayon wnyc. and carol lee of the "wall street journal" joins us from the white house. thank you both for talking to us. carol, i'm going to start with you. from the white house perspective, where do things stand? >> i think from the white house perspective, the ball is essentially in the house john boehner's court. i think the president and his team of advisors feel that they've positioned him fairly well, that he's in a very defense i believe position in terms of his latest offer, that he forward yesterday. to the speaker. but if you step bck and thi out were were fou days ago versus where we are now, it's pretty remarkable how much the two sides have come to very close to reaching an actual deal. now the two sides are in this position where the job is to sell it to their different caucuses and make
, and it may also be irreversible. for religion & ethics newsweekly, i'm tim o'brien in washington. >>> for more on religious groups and same-sex marriage, i am joined by kim lawton, managing editor of this program. kim, this is a tremendously powerful and divisive issue for religious groups isn't it? >> it is and these cases are going to be really,eally important for these religious groups. they're going to be very involved on both sides of the issue. some of the strongest opposition to gay marriage at the legislative level, at the court level, has come from religious groups, especially evangelical groups, roman catholics. the roman catholic bishops have been speaking out in favor of traditional marriage. so i expect there's going to be a robust amount of activity not only in terms of these religious groups writing friend of the court briefs and telling the high court what they think about the issue, but also at the grass roots. i've already been getting emails about prayer campaigns that are being organized. for example the bishops after christmas are doing a prayer campaign to s
of the toughest policy issues dividing democrats and republicans. darren gersh, "n.b.r.," washington. >> tom: many companies aren't waiting on washington to reach an agreement on taxes and spending. they're taking action now to pay shareholders, by declaring special dividends. today, whole foods became the latest in a slew of firms opting for one-time payouts. suzanne pratt reports on what's behind these investor pay-days. >> reporter: costco is doing it. brown forman-- the maker of jack daniels and finlandia is also doing it. today, even whole foods is finding it appetizing. they've all announced special dividends, eager to reward their shareholders with a nice check before expected tax increases happen next year. >> current law says that qualified dividend income tax rates are at 15%. and, if no legislation is passed between now and then end of the year, those rates would go up to as high as 43.4%. >> companies just want to pass along these dividends. it's a thank you to shareholders. it sparks interest in their stock. >> reporter: according to s&p, this month alone 216 companies have declared
and to the extent that anybody is on the sidelines now because of this uncertainty over washington, this kind of deal isn't going to fix any of that for them. and hope for a done deal by the holiday is fading fast. senate majority leader harry reid said today he expects the senate will be back to work the day after christmas. dren gersh, "n.b.r.," washington. >> tom: optimism that speaker boehner's latest offer could get the fiscal cliff talks moving again, helped stocks move nicely higher: the dow rose 100 points, the nasdaq added 39, the s&p up almost 17 points. but with time running out to reach a deal, what happens on wall street, if we go over the cliff? suzanne pratt reports. >> reporter: one thing is for sure, wall street can count. that means investors know there are just nine trading days left until tax hikes automatically take effect across the nation, and hit americans where it hurts: their wallets. and, investors are also aware there are even fewer days before lawmakers are scheduled to leave on holiday break. despite the ticking clock, many investors remain optimistic there will
, that is a millennium in washington for situations like this. so there is lots of time. >> susie: let me pick up on a point that you made about the market view about economic growth is coming for next year and the year after. let's talk about that. because even if there is a deal, there are worries that that deal is going to be a drag on the economy, what with higher tax rates, the removal of the payroll tax cut, possibly. isn't that bad for the economy going forward? >> susie, you're right. there will be some fiscal drag, some contraction, as spending cuts occur, as taxes go up somewhat, and as certain tax cuts, like the payroll tax cut, expires. but i think there is going to be a big boost to confidence, and i think there is going to be a broad clearing of the air as this issue is resolved. and there has been so much hesitation on the part of employers and businesses on investing and on hiring, i think that's going to be wiped away. and the result -- the net rest isoing to be an improved growth rate in 2013, and especially big growth rates in 2014 and 2015. >> susie: roger, we have less than a
institution, a professor at georgetown university and a columnist for the washington post. welcome to you all. one of the big events of the new year will be the inauguration of barack obama to a second term, so we asked a wide variety of religion leaders what they hope for during the president's next term. >> if president obama would revert back to the, that young, powerful, firey spokesperson in the 2004 democratic national convention who talked about reconciling the blue and the red state, about the god of the blue state and the god of the red state that i believe that he has a chance to really emerge as a transformative catalytic president reconciling our nation. we are more polarized today than ever before. >> i'm hoping that he would be able to work, well that congress would be able to work with him to come up with a real budget that's going to help the least ofthese and because whenou help those who are in the most vulnerable situation, you end up helping the whole country. >> foreign aid is 1% of the budget and we talk about cutting that and that's a frightening thought. while some of
pedestrians. that was the finding of a university of washington study published in the journal "prevention." it tracked 1,100 pedestrians in seattle, washington and found more than a third of people text, talk or listen to music when they cross the street. only one in four people followed the proper safety protocol, looking both wayand obeyin thligh vehicle-pedestrian accidents kill 4,000 people every year in the u.s. and injure 60,000 others. the man who co-invented the bar code joseph woodland has died in new jersey. woodland's bar codes are on nearly every product in stores today. he came up with the idea after drawing morse code dots and dashes in the sand on a miami beach, absent-mindedly letting his fingers drag a series of parallel lines instead. the idea was patented in 1952 but not put into wide use until the 1970s. woodland was 91 years old. those are some of the day's major stories. now, back to margaret. >> warner: 18 days and counting until the end of the year when the government reaches the edge of the so-called fiscal cliff. congressional correspondent kwame holman kicks off
heard and hold washington accountable for facing up to the epidemic of gun violence in our country. if this moment passes in to memory without action from washington, it will be a stain upon our nation's commitment to protecting the innocence innocent including our children. >> rose: i'm pleased to have mayor bloomberg back at this table. >> thank you for having me. >> rose: on "meet the press" yesterday, at a press conference today you believe that the time is now, that this is the moment to act, and at the same time you are chastising the president for-- i believe the time was a long time ago, the president gave a speech after the massacre in a-- aurora, colorado, saying we have to do something. here we are two years later, another 21,000 people in america killed with guns. we've done nothing. i mean, you know, i don't know at what point you have to say enough is enough. we've been killing 34 americans every single day. that's bigger than virginia tech. every single day. and you done cover it because it's 34 separate occurrences arod the country. and it dsn't grab the public's im
. she remains in critical condition. six arrests have been made. washington was quiet today with the president and congress gone for christmas. but the lack of any fiscal cliff talks worried wall street. the dow jones industrial average lost more than 51 points to close at 13,139. the nasdaq fell eight points to close at 3012. those are some of the day's major stories. now, back to gwen. >> ifill: in egypt, although one side seems to have clearly won, citizens are still awaiting official results of the country's constitutional referendum. as the sun rose over cairo today, opposition activists vowed to hold their ground against the newly approved constitution. >> what we all need as constitution is express the demands of all egyptians. we are here to say that we need constitution for all of us. >> ifill: sunday leaders of the national salvation front warned the document would give too much way to islamic law and curb the rights of women and the christian minority. >> we are committed to continuing our collective peaceful struggle in order to bring down this constitution th
of decision. >> there's a scene early on in the movie, lincoln is riding through the streets of washington in his carriage with secretary of state seward, his chief advisor and enforcer. and serd is apparently trying to convince him that this is not the time to push the amendment. >> we'll win the war, sir. it's inevitable isn't it? >> well, it ain't won yet. >> you'll begin your second term a semi-divine stature. imagine the possibilities peace will bring. why tarnish your invaluable luster with a battle in the house? it's a rat's nest in there, the same gang of talentless hicks and hacks who rejected the amendment ten months ago, we'll lose. >> i like our chances now. >> i like our chances now, lincoln's actual words or tony kushner's dramatic license? >> you know, i can't remember with that line. >> you don't know where you start and lincoln stops? >> there are a few places that i know are me and a few places that i know are him. i didn't write the second inaugural address, i wish i had. i can't remember that. it's definitely in the spirit. >> you say you chose to focus on this fight to
-- that they might more easily get what they wanted from state capitals than from washington, d.c. so they started putting their money in places like raleigh, north carolina, nashville, tennessee, phoenix, arizona, and madison, wisconsin. that's because what happens in our state legislatures directly affects our taxes, schools, roads, the quality of our air and water, even our right to vote. poticians and lobbyists at the core of this clever enterprise figured out how to pull it off in an organized, camouflaged way, covering their tracks while they put one over on an unsuspecting public. this is the story of how and why it worked. our report was many months in the making. it's a collaboration between tom casciato and kathleen hughes, the filmmakers at okapi productions, and the schumann media center that i head. schumann supports independent journalism and public watchdog groups like the center for media and democracy, whose investigators have been tracking the footprints of alec, an organization hiding in plain sight, yet one of the most influential and powerful in american politics. ♪ ♪ >> i
of year in many locations. 13 in chicago and 21 degrees expected in washington on tuesday. here is the extended forecast. >> that's all if this edition of "newsline." thanks for joining us.
-war in washington, from one half of the team that produced the deficit-cutting plan republicans say is their inspiration, democrat erskine bowles. >> there are over $7 trillion worth of economic events that are going to hit america in the gut. i think impact would be really strong. if anybody thinks this is going to be a slope better wake up. >> ifill: the link between brain injury and sports, new evidence ties repeated blows to the head to long-term damage. we take a look. >> brown: ray suarez looks at the firestorm over israel's announcement it will expand settlements in the west bank. >> ifill: elizabeth brackett looks at how one chicago school is dealing with the transition to new state-wide standards. >> i really did find that the kids do understand more, and they learn more. they're more interested in what they're learning. >> brown: plus, as global carbon dioxide levels hit record highs, we analyze the increasing difficulty of combating climate change, with carol davenport of the "national journal." >> ifill: that's all ahead on tonight's newshour. major funding for the pbs n
cliff deal in washington. the dow jones industrial average gained more than 82 points to close at 13,034. but the nasdaq fell nearly 23 points to close at 2,973. the day's big loser was apple, down more than 6% over concerns that smart phone sales are lagging. former texas congressman jack brooks has died. he served 42 years in the house, and was in the dallas motorcade on november 22nd, 1963 when president kennedy was assassinated. hours later, brooks was on hand as vice president and fellow texan lyndon johnson was sworn in to the presidency. later, brooks helped author the 1964 civil rights act, and he drafted the articles of impeachment against president nixon. jack brooks was 89 years old. those are some of the day's major stories. now, back to gwen. >> ifill: lawmakers stepped up the rhetoric, but grew no closer today to agreement on how to avoid slipping over the so- called fiscal cliff. but each side demanded the other compromise. "newshour" congressional correspondent kwame holman begins our coverage. >> i have to just tell you that is a... that is a bad strategy for america
william burns is scheduled to meet tuesday in washington. >>> a search for active earthquake faults near japan's nuclear power plant may lead to the scrapping of one of them. implications run deep. >> reporter: 17 commercial nuclear plants and one major test reactor have been built in japan. the nuclear regulation authority was formed after last year's disaster to monitor their safety. experts at the authority are trying to determine if any of the reactors lie above active fault lines. the tsuruga plant in central japan has been known to have an active fault running close by. the fault is called urasoko. another fault intersects with it. it runs right under the facility's number two reactor. a team of experts dug up the ground at the plant so they could inspect the fault directly. the government panel examined the results of the so-called trade survey. panel members said on monday that the d-1 fault is probably active. they said that layers of earth near the fault have become deformed. the deformation is believed to cause d-1 to become active when national guidelines ban the building of
and also getting representatives and senators elected to washington. i think they took their eye off t ball some extnt inhes local races. well now we see what happens when you don't have the feet on the ground, the money in the local races, you end up with state legislatures that are unfriendly to labor causes. so i think the wake-up call for labor nationally to focus on some of these states. i'm thinking about ohio now. ohio passed and then repealed a limit on collective bargaining for public employees but it doesn't mean that the issue won't come up there again. states like pennsylvania are not right to work ates. there aretil oprtunites or the conrvate mement, the antilabor movement, to go in for right to work. i think someone maybe in the labor movement will say, okay, we draw a land in the sand with michigan. we can't let this spread any further because there's clearly a domino effect. >> woodruff: what about that, bill? how do you see this in the grand scheme of the face-off that continues now between organized labor and those who believe it's what organized labor does hurts... can h
comes back to washington to resume fiscal cliff negotiations, we ask, what happens if they don't reach a deal? >> ifill: we talk with a representative of egypt's muslim brotherhood about the new brotherhood-backed constitution signed into law today. >> warner: and we have another of our conversations with retiring members of congress. paul solman sat down with the always outspoken massachusetts democrat barney frank. >> the notion that people would not go along with an important public policy because i hurt their feelings, i don't think that's true. >> ifill: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> and with the goinsupport othese institutio and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: a major winter storm surged into the midwest and northeast, fouling flight schedules and ruining road conditions on this day after christmas. the huge weather system left a trail of destruction in the
than its namesake metals. we'll explain. more tough talk today from washington on the fiscal cliff: treasury secretary timothy geithner said he's willing to go over it if republicans don't agree to tax hikes for the wealthiest americans. president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we have never done in our history until we did it last year-- i will not play that game. >> late todathe president spoke by telephone with house speaker john boehner. no specifics on what they said to each other, but it was their first conversation in a week. eventually the two sides will get down to bargaining over specifics, including entitlements. one idea may be to change the way the government measures inflation. that may sound like a small change, but, as darren gersh reports, it could have a big impact. >> reporter: if the price of oranges goes up, cons
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